Tesla silences critics with knockout EV sales as Elon Musk controversy fades but it still can't stop BYD from reclaiming the global crown

Date:
Fri, 03 Jul 2026 16:08:44 +0000

Description:
Tesla posts a record sales period as EV business rebounds, but BYD is still leading the global race

FULL STORY ======================================================================Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Tesla regains momentum after
two years of sales decline China and Europe both see an increase in Tesla sales Tesla shares still fluctuated, despite the positive news Teslas second-quarter sales results have far exceeded market expectations, with growth in both Europe and China helping to drive a 25% rise compared to the same period last year.

According to The Financial Times , the electric vehicle pioneer delivered 480,126 vehicles in the three months to the end of June, up from 384,122 in the same period last year and well above analysts forecasts of 404,000. Despite shifting its focus to artificial intelligence and robotics in recent years, as well as trimming its model line-up down to just two cars, Tesla has seen huge growth in Europe, aided in part by government EV incentives. Latest Videos From Watch full video here:

The Guardian reports that the rising cost of fuel and the rapid adoption of electric vehicles on corporate fleets could have also played an important
role in boosting sales, while the consumer backlash to CEO Elon Musks political statements last year could also have eased.

Despite the vast improvement in sales, BYD once again surpassed Tesla to regain its position as the worlds largest battery-electric vehicle manufacturer. You may like EVs just had a record-breaking month in the UK
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BYD sold roughly 867,000 electric vehicles in the first six months of the year, compared with 838,149 vehicles for Tesla, according to The Financial Times .

Tesla has not surprised to the upside to this degree in a while, a healthy sign the auto business is here to stay, William Blair analyst Jed Dorsheimer told the paper. Get daily insight, inspiration and deals in your inbox Sign
up for breaking news, reviews, opinion, top tech deals, and more. Contact me with news and offers from other Future brands Receive email from us on behalf of our trusted partners or sponsors By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over. Analysis: Demand for EVs booms in Europe (Image credit: BYD) Despite the CEOs questionable political decisions and the companys reputation for over-promising and often under-delivering , it is still difficult to argue that Teslas current crop of electric vehicles is anything short of excellent.

The companys charging network remains one of the best, even if charging
speeds are now being eclipsed by numerous Charge Point Operators, while its latest Model 3 and Model Y are the most comfortable, tech-focussed and luxurious they have ever been.

Thanks to increased competition from both up-and-coming Chinese EV companies and legacy automakers, Tesla has been forced to get competitive with its pricing, offering enticing monthly deals on the Model 3 and Model Y.

It has also recently started to roll-out its Supervised Full Self-Driving system in select European countries for the first time, another factor that could help improve sales further. Follow TechRadar on Google News and add us as a preferred source to get our expert news, reviews, and opinion in your feeds.



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